Mexican Restaurant - Est. 27 Years - Low Rent!

San Pedro, CA
Los Angeles County


Asking Price: Annual Revenue:
$299,000 $424,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Mexican Restaurant - Est. 27 Years - Low Rent! Broker: Agent On Duty
License #: 01995716

Quick Facts

Asking Price: $299,000
Annual Revenue: $424,000
Net Profit: Not Disclosed
Cash Flow: $130,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1991
Employees: 13
BBN Listing #: 926255232
Broker Reference #: 4486 JR

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Business Overview:

Mexican Restaurant with established cliental with a good loyal following for over 27 years in a South Bay community, restaurant known for quality authentic Mexican food has a full kitchen and salsa bar with top of the line equipment including type 1 hood with fire suppression system.

The restaurant enjoys good profits and sales and is being operated simi absentee, the owner working 15 hours per week and has a part time manager with 12 employees 5 full time and 7 part time.

Great long term and low rent lease, plenty of parking and easy in & out access in the rear of the building, good visibility, high density downtown area.

Perfect turnkey operation for a family start making money the day you take over.

Some monthly expenses: Rent $2,200, Payroll $10,000, DWP $900, Gas $300, Insurance $350, Phone $80, Spectrum $160. COG 30%

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Reason for Selling:

Too Far To Manage.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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